This work analyses the market value of second hand agricultural tractors in Spain for the period 1999-2002, with the aims of obtaining the most appropriate valuation models (through the use of ordinary least squares regression) and proposing an empirical model that estimates the true depreciation of these vehicles. Differences in tractor depreciation were studied in terms of the three horsepowe...

The CRFlq'I~R system is being developed to translate agricultural market reports between English and French. It is based on a transfer mc~lel, and designed to be reversible. The source and target language texts are described by means of: a) a surface syntactic representation consisting of a tree annotated with feature structures, built by an extraposition grammar; and b) a semmttic representati...

* Silvina M. Cabrini ([email protected]) is a Graduate Research Assistant for the AgMAS Project in the Department of Agricultural and Consumer Economics at the University of Illinois at Urbana-Champaign. Scott H. Irwin is the Laurence J. Norton Professor of Agricultural Marketing and Darrel L. Good is a Professor in the Department of Agricultural and Consumer Economics at the University of Illin...

This paper integrates theories of political budget cycles with theories of tactical electoral redistribution to test for political capture in a novel way. Studying banks in India, I …nd that government-owned bank lending tracks the electoral cycle, with agricultural credit increasing by 5-10 percentage points in an election year. There is signi…cant cross-sectional targeting, with large increas...

This paper provides empirical evidence of an U-shaped relationship between the extent of the market (size of the relevant urban market) and the pattern of crop specialization in a village economy. We use the recent two-stage estimator developed by Lewbel (2007) and exploit heteroskedasticity for identification of the causal effects of market size. The results suggest that the portfolio of crops...

One-sided auctions are used for trading perishable agricultural commodities because their production cost is already "sunk." Moreover, the promptness and simplicity of one-sided auctions are beneficial for trading in perishable commodities. However, sellers cannot participate in the price-making process in these auctions. A standard double auction market collects bids from both sides of traders...

7

An agribusiness focus has emerged in public discussions as way to enhance agricultural production in Indonesia and to improve sustainable income for farmers. The focus has led to increased attention on marketing. Marketing agricultural products via processing technologies can indeed address national objectives of rural poverty alleviation. REI-Indonesia observed that limited marketing alternati...